Michelin Shares Buyback Program Disclosure
Information about Securities Repurchasing Program
Issuer social denomination: Michelin – LEI 549300SOSI58J6VIW052
Types of securities: ordinary shares – Code ISIN FR 0000121261
Trading Details
The following table summarizes the recent trading activity related to the shares of Michelin:
Transaction Overview
Issuer Name: Compagnie Générale des Etablissements Michelin
Issuer Code: 549300SOSI58J6VIW052
ISIN Code: FR001400AJ45
Platform: Gré à gré
Recent Transactions
On August 19, 2024, a total of 1,663,850 shares were acquired at an average price of €34.6308.
Detailed Transaction Information:
- Issuer Name: Compagnie Générale des Etablissements Michelin
- Transaction Date: August 19, 2024
- Daily Volume: 1,663,850
- Daily Average Price: €34.6308
- Platform: Gré à gré
Objective of Buyback
The primary aim of this buyback program is to manage the issuer's capital and optimize its financial structure.
Transaction Reference: 5309224
Frequently Asked Questions
What is the purpose of Michelin's share repurchase program?
The program aims to optimize the company's capital structure and enhance shareholder value.
How many shares were bought back recently?
Recently, 1,663,850 shares were bought back by Michelin.
What was the average price for shares acquired?
The daily weighted average price of shares acquired was €34.6308.
Is this information applicable to all Michelin shares?
This buyback program specifically relates to ordinary shares under the designated ISIN code.
Where can I find more details about this buyback program?
More information about the buyback program can typically be found in shareholder communications or official announcements.
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